Hong Kong stocks closed lower, with the Hang Seng Index falling 1.43%, breaching the 26,000 mark; the Tech Index closed down 2.37%. Technology and chip stocks declined, with Hua Hong Semiconductor (01347.HK) down 7.4%, SMIC (00981.HK) down 5.3%, Alib

2025-10-31

Hong Kong stocks closed lower, with the Hang Seng Index falling 1.43%, breaching the 26,000 mark; the Tech Index closed down 2.37%. Technology and chip stocks declined, with Hua Hong Semiconductor (01347.HK) down 7.4%, SMIC (00981.HK) down 5.3%, Alibaba (09988.HK) down over 4%, and Tencent Holdings (00700.HK) down 3.4%.